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High Quality Townhouses in Fuseta
Olhão, Faro, Portugal, 8700-061
REF: 609598
€680,000
Description
Brand new three-bedroom high-quality townhouses located within walking distance to the beach and the picturesque village of Fuseta one of the last coastal town secrets in the East Algarve and up-and-coming real estate markets in Southern Europe.
Fuseta
Fuseta is a relatively unspoilt town in the Algarve region of southern Portugal.The harbour is packed with colourful fishing boats and ferry boats departing to Ilha da Armona, one of the five sandbar islands of the Ria Formosa Natural Park. Along the harbour, there is a beautiful promenade lined with cafés and restaurants offering Portuguese seafood and other specialities. A true taste of the Portuguese lifestyle. An ideal investment if you are looking for a more traditional and typical local town away from the usual tourist resorts.
Brand new three-bedroom high-quality townhouses located within walking distance to the beach and the picturesque village of Fuseta one of the last coastal town secrets in the East Algarve and up-and-coming real estate markets in Southern Europe.
Fuseta
Fuseta is a relatively unspoilt town in the Algarve region of southern Portugal.The harbour is packed with colourful fishing boats and ferry boats departing to Ilha da Armona, one of the five sandbar islands of the Ria Formosa Natural Park. Along the harbour, there is a beautiful promenade lined with cafés and restaurants offering Portuguese seafood and other specialities. A true taste of the Portuguese lifestyle. An ideal investment if you are looking for a more traditional and typical local town away from the usual tourist resorts.
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Currency Exchange
Olhão, Faro, Portugal, 8700-061
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €680,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €680,000 | £563,251 | £584,426 | £21,175 |
| Property Price € | €680,000 |
| Minimum cost in the last six months | £563,251 |
| Maximum cost in the last six months | £584,426 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,175 |
Olhão, Faro, Portugal, 8700-061
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €680,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €680,000 | £563,251 | £584,426 | £21,175 |
| Property Price € | €680,000 |
| Minimum cost in the last six months | £563,251 |
| Maximum cost in the last six months | £584,426 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,175 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £21,175 more.
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